Michael Nadeau

Michael Nadeau, founder of The DeFi Report, is a cycle-based crypto investing expert known for his on-chain 'cyclamentals' analysis. In this discussion, he explains how on-chain signals prompted his risk-off strategy prior to the market crash. Nadeau delves into the impact of Bitcoin’s drop below key averages, the significance of long-term holder dynamics, and why current liquidity conditions might not support a market recovery. He also shares compelling Bitcoin price zones and his approach for building a watchlist for the next bullish phase.

Michael Nadeau, a data-driven crypto analyst and author of the DeFi Report, shares an intriguing bearish perspective on Bitcoin. He highlights the specific signals that influenced his bearish pivot, such as shifts in fiscal policy and market structure. Nadeau discusses how long-term holders are taking profits and warns about the potential for new buyers to amplify market declines. He also outlines what indicators would make him bullish again and estimates Bitcoin's fair value zone between 60–70K, providing insights into what the future might hold.

Michael Nadeau, a long-term crypto investor and author, discusses the implications of the Fed's recent rate cut and T-bill purchases. He argues that this move does not indicate a real easing in the market. Michael shares his risk-off strategy of maintaining 80% cash and outlines key indicators he monitors before shifting to a risk-on position. He delves into Bitcoin's on-chain metrics and explains how understanding cyclometrics can help signal market trends, including potential selling pressures stemming from cost-basis clusters.